Property for sale in San Juan

The dollar volume being down more than the number of transactions indicates lower average sale prices. However, the median price is a more reliable calculation when trying to determine a trend or the market direction. Get more information on property for sale in Puerto Rico.

Views on the San Juan real estate :

The median price for a previously owned home on less than 5 acres for the period of September 2007 to 2008 is $492,500, as compared to the 2007 price of $480,000, which is a 2.5% increase.

The median price for land for the last 12 months is $145,000 as compared to the 2007 price of $167,500, which is a 13% decrease.With real estate currently in a buyers market, It’s actually a great time to be looking in the San Juan Islands for a second home.